Italian luxury group Tod’s like-for-like sales should improve in the second quarter of the year and turn positive starting from the second half, its Chief Financial Officer Emilio Macellari said on Wednesday.
On Tuesday, the luxury group opened the Thélios production site for its joint venture with Marcolin, a partnership which began with Céline's eyewear collections, and still has those of Loewe and Fred in the pipeline.
By exploring new creative directions at Dior, Louis Vuitton and Céline with three important appointments, the luxury group has deftly reshuffled its hand and is now betting on menswear, sportswear and digital.
Nike has dominated Brand Finance's most valuable apparel brand ranking in 2018, followed by giants H&M and Zara and Adidas, with luxury labels Hermès, Louis Vuitton, Gucci and Cartier all trailing close behind.
Luxury coat maker Canada Goose plans to bring more manufacturing in-house in a bid to boost margins and help it live up to lofty investor expectations as the most expensive stock among major luxury brands.